GUANGZHOU, China, Dec. 21, 2024 (GLOBE NEWSWIRE) — EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading Urban Air Mobility (“UAM”) technology platform company, today announced the signing of a strategic cooperation agreement with Chongqing Changan Automobile Co., Ltd., (“Changan Automobile”), a leading Chinese car manufacturer listed on the Shenzhen Stock Exchange (ticker symbol:000625), in the presence of the Chongqing Municipal Government and representatives from various industry sectors. The parties will collaborate on the research and development, manufacturing, sales, and operation of flying car-related products, including electric vertical takeoff and landing (“eVTOL”) aircraft and innovative flying cars. Leveraging EHang’s strong product development capabilities...
Edf: Update on the Flamanville EPR: the reactor produces its first electrons on the national electricity grid
Written by Customer Service on . Posted in Public Companies.
Update on the Flamanville EPR: the reactor produces its first electrons on the national electricity grid
21 December 2024 – EDF teams have achieved the first connection of the Flamanville EPR to the national grid at 11:48am. The reactor is now generating electricity.
Since the first nuclear reaction on 3 September 20241, EDF teams have conducted a series of tests and inspections to gradually increase the reactor’s power. Flamanville 3 reactor was connected to the national grid on 21 December 2024 at 11:48am and has produced 100 MW of electricity.
Luc Rémont, Chairman and CEO of EDF stated: “The coupling of the Flamanville EPR is a historical moment for the entire nuclear sector. I would like to salute all the teams who have met the challenges encountered during this project with the greatest tenacity and never compromising...
BNP PARIBAS GROUP: Signing of the share purchase agreement for AXA Investment Managers by BNP Paribas Cardif
Written by Customer Service on . Posted in Public Companies.
SIGNING OF THE SHARE PURCHASE AGREEMENT FOR AXA INVESTMENT MANAGERS BY BNP PARIBAS CARDIF
Press releaseParis – 21 December 2024
After entering into exclusive negotiations on August 1st, AXA and BNP Paribas Cardif announce the signing of the Share Purchase Agreement for AXA Investment Managers (AXA IM).
This signing follows the completion of the information-consultation procedure on strategic issues with the relevant employee representative bodies of both AXA and BNP Paribas groups.
“This signing marks an important step in the acquisition process of AXA IM and our long-term partnership with AXA. In anticipation of the closing process, all teams are now working to welcome AXA IM’s employees and customers into the BNP Paribas Cardif Group” said Renaud Dumora, Chairman of BNP Paribas Cardif, Deputy COO of BNP Paribas.
As previously...
Giftify, Inc. Announces Registered Direct Offering – CORRECTED
Written by Customer Service on . Posted in Public Companies.
SCHAUMBURG, IL, Dec. 20, 2024 (GLOBE NEWSWIRE) — Giftify, Inc. (NASDAQ: GIFT) (the “Company”), the owner and operator of leading digital platforms, CardCash.com and Restaurant.com, with a focus on incentives and rewards in retail, dining & entertainment experiences, today announced that it intends to offer its securities in a registered direct offering. The Company intends to use the net proceeds from this offering for working capital. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
Craft Capital Management, LLC is acting as the exclusive placement agent for the offering.
The proposed offering of the securities described above is being offered by the Company pursuant to a “shelf” registration...
Elevai Labs Inc. Announces Name Change to PMGC Holdings Inc. and Redomicile to Nevada
Written by Customer Service on . Posted in Public Companies.
NEWPORT BEACH, Calif., Dec. 20, 2024 (GLOBE NEWSWIRE) — PMGC Holdings Inc. (formerly known as Elevai Labs Inc.) (Nasdaq: ELAB) (before and after the redomestication, the “Company” or “we”) announced today that it completed a strategic reorganization. This reorganization included changing the Company’s name from Elevai Labs Inc. to PMGC Holdings Inc. and redomiciling from Delaware to Nevada. Upon this reorganization, the Company will continue to trade on The Nasdaq Stock Market (“Nasdaq”) under the ticker symbol “ELAB.” The redomestication and name change will be effective on Nasdaq at the opening of business on December 23, 2024.
The Company’s name change reflects its expanded vision and commitment to building a portfolio of operating companies and assets with significant growth potential. As PMGC Holdings Inc. (“PMGC Holdings”),...
Mustang Energy Continues to Build Land Portfolio with Acquisition of 17,929 Hectares South of the Athabasca Basin, Saskatchewan
Written by Customer Service on . Posted in Mergers And Acquisitions.
VANCOUVER, British Columbia, Dec. 20, 2024 (GLOBE NEWSWIRE) — Mustang Energy Corp. (CSE: MEC, OTC: MECPF, FRA:92T) (the “Company” or “Mustang”) is pleased to announce the acquisition of a 100% interest in the Spur Project, located just south of the Athabasca Basin in northern, Saskatchewan. The Spur Project was acquired through low-cost staking and consists of nine dispositions, or mineral claims, totaling 17,929 hectares, further enhancing Mustang’s growing portfolio. The project is situated in an area with potential for uranium and rare earth element (REE) exploration.
Project Highlights:Large Land Package: The Spur Project spans 17,929 hectares across nine mineral claims.
Proximity to infrastructure: Located approximately 40 kilometers southeast of Cameco’s Key Lake Mill.
Adjacent to High-grade Uranium Occurrences: Notable...
Melcor REIT Announces Special Distribution Payable by Issuance of Additional Trust Units
Written by Customer Service on . Posted in Dividend Reports And Estimates.
EDMONTON, Alberta, Dec. 20, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) today announced that a special non-cash distribution in the amount of $0.36 per outstanding trust unit was declared payable to unitholders of record as at December 31, 2024. The amount of the special distribution is equal to the REIT’s estimated taxable income and capital gains for the 2024 taxation year net of any deductions available to the REIT from cash distributions made in the year. The special distribution is intended to reduce the REIT’s taxable income for the 2024 taxation year to nil.
The payment of the special distribution will be made at the close of business on December 31, 2024, in accordance with Section 11.3(c) of the REIT’s Amended and Restated Declaration of Trust, by the issuance of additional...
Jiayin Group Inc. Announces Purchase of Commercial Property
Written by Customer Service on . Posted in Public Companies.
SHANGHAI, Dec. 20, 2024 (GLOBE NEWSWIRE) — Jiayin Group Inc. (“Jiayin” or the “Company”) (NASDAQ: JFIN), a leading fintech platform in China, today announced that it entered into a definitive agreement on December 17, 2024 to purchase certain commercial property located in Shanghai, China (the “Commercial Property”) of approximately 43,500 square meters for total cash consideration of approximately RMB1.35 billion. The completion of the purchase is subject to customary closing conditions. The Commercial Property will primarily be used as the Company’s new headquarters to meet the demand arising from the continuing growth of the Company’s businesses.
About Jiayin Group Inc.
Jiayin Group Inc. is a leading fintech platform in China committed to facilitating effective, transparent, secure and fast connections between underserved...
Stran & Company Announces Receipt of Nasdaq Staff Delisting Determination
Written by Customer Service on . Posted in Public Companies.
Quincy, MA, Dec. 20, 2024 (GLOBE NEWSWIRE) — Stran & Company, Inc. (“Stran” or the “Company”) (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that on December 17, 2024, it received a letter from the Listing Qualifications staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”), issuing a Staff delisting determination (the “Staff Determination”). The Staff Determination noted that the Staff had notified the Company on June 21, 2024, August 23, 2024 and November 21, 2024 that the Company did not comply with Nasdaq Listing Rule 5250(c)(1) (the “Filing Rule”) because the Company had not filed its Quarterly Reports on Form 10-Q for the periods ended March 31, 2024, June 30, 2024,...
Dime Community Bancshares, Inc. Announces Retirement of Michael P. Devine from Board of Directors
Written by Customer Service on . Posted in Public Companies.
HAUPPAUGE, N.Y., Dec. 20, 2024 (GLOBE NEWSWIRE) — Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced today that Michael P. Devine provided notification to the Company that, after a 40-plus year association with Dime, he intends to retire from the Board of Directors ahead of the next annual shareholders meeting.
Mr. Devine began his career with The Dime Savings Bank of Williamsburgh (“Dime Savings Bank”) in 1971. Since then, Mr. Devine served in numerous capacities within Dime Savings Bank, most notably as President and Chief Operating Officer, and later as Director and Vice Chairman. Following the closing of the Company’s merger of equals transaction in 2021, Mr. Devine maintained his director role at the pro forma Company.
“Mike began his career...